Vacation rental hosting is a lucrative business once you've got your ducks in a row. Supplying holidaymakers with an ideal place to stay is a fantastic way to cut down on vacancies, especially if you're looking to maximize returns. Mastering the art of vacation rental hosting doesn't happen overnight, but we have some tips for you to speed the process along.
Did you know 514,000 rental properties were added to the market in 2023? With so many new properties available, it pays to know how to stand out amongst them. Read on to find out how to do just that!
Vacation Rental Tips
Part of the difficulty when it comes to attracting and maintaining a stream of high-quality guests is lack of experience. At face value, providing a clean and comfortable space for guests to treat as their own seems all that's necessary. Unfortunately, the rental market space is seldom so simple.
Mastering the art of providing popular vacation rentals requires strategy and know-how, both of which go a long way. Over the years, we've learned through experience how to edge out the competition and would like to outline a couple of the most important factors to get right.
Clear Communication
The quality of the communication between yourself and a prospective guest is a simple thing to get right, but disastrous to get wrong. Being polite, courteous, and punctual at every turn will bolster the impression your guests have of both you and your property.
Guests want to feel heard and secure that should anything go awry, their problems will be dealt with in a timely fashion. Once you have a reputation for clear communication, word of mouth will do wonders to help you maximize rental bookings across the board.
The Personal Touch
We usually feel a lot more at ease around people who seem genuine. The opposite is also true when we're forced to deal with a faceless corporate entity. An opportunity to talk to a real person who appears earnest and down-to-earth secures a positive atmosphere your guests are sure to appreciate and remember.
You can further this positive effect by recommending local attractions like good restaurants and activities. A bottle of unexpected wine in the fridge and chocolate on the pillow is also often enough to ingratiate yourself further, which reflects well on your property and their experience in general.
Ideal Vacation Rental Housing
Vacation rental hosting isn't all about the building and its location; it's also about meticulously crafting an experience from start to finish. When it comes to short-term rental strategies, the effort you put into making a good impression through communication and rapport will set you apart from your competitors.
We've kept this post regarding host success tips short for brevity's sake, but make no mistake, despite their simplicity, they're the crux that success rests upon.
PMI Orlando MyPlace serves Winsor at Westside, Solara, and surrounding communities. If you're interested in learning more about our methods and property management tips, don't hesitate to reach out! We'd love to hear from you.
